Hines Global names Laura Hines-Pierce CEO for 2027
Effective January 1, 2027, Jeff Hines, Laura Hines-Pierce and Adam Hines will share control of HGIT Advisors LP.
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Form Type
8-K
Rhea-AI Filing Summary
Hines Global Income Trust, Inc. (HGIT) will have a new CEO and board chair and a new director effective January 1, 2027. Jeffrey C. Hines notified the board he will resign as director, Chair and CEO on that date. Laura Hines-Pierce, a current director, was appointed CEO and Chair, and Adam Hines was appointed director. Jeff Hines will become Chairman of Hines, while Adam joins Laura as Hines Co-CEO; David Steinbach will become Hines’ first President and Alfonso Munk its Global CIO.
Laura Hines-Pierce and Adam Hines are siblings, and Jeff Hines is their father; all three are Hines employees. Effective January 1, 2027, they will share control of HGIT Advisors LP, an affiliate of Hines. Hines, the advisor and their affiliates have agreements with HGIT for which they receive compensation. Adam will receive no HGIT compensation for board service, and Laura will receive none for board, chair and CEO service. HGIT will enter into an indemnification agreement with Adam providing indemnification and expense advances, subject to limitations and reimbursement if indemnification is later found impermissible.
8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Hines total deal volume: $49.4 billion
Raised across Hines global funds: $19.9 billion
Hines discretionary business growth: Approximately 20% CAGR
+2 more
5 metrics
Hines total deal volume
$49.4 billion
As of June 30, 2026
Raised across Hines global funds
$19.9 billion
As of June 30, 2026
Hines discretionary business growth
Approximately 20% CAGR
Growth dating to 2018
Hines Private Wealth business
Doubled in size
Business growth described in the leadership announcement
Hines assets under management
Approximately $91 billion
As of June 30, 2026; includes the global Hines organization and RIA AUM
Key Terms
CAGR, RIA AUM, indemnification agreement, External Advisory Board
4 terms
CAGR financial
"grown at approximately 20% CAGR, with that growth dating to 2018"
Compound Annual Growth Rate (CAGR) measures the average yearly growth of an investment, revenue, or other metric over a multi-year period as if it had grown at a steady rate each year. Think of it like the constant speed that would take you from the starting value to the ending value over the same time—useful because it smooths out ups and downs and lets investors compare different assets or performance periods on an even footing.
RIA AUM financial
"Includes both the global Hines organization and RIA AUM as of June 30, 2026."
indemnification agreement regulatory
"will enter into an indemnification agreement with Adam Hines"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
External Advisory Board technical
"establish an independent External Advisory Board"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What leadership changes are planned at HGIT?
Effective January 1, 2027, Laura Hines-Pierce will become HGIT’s CEO and board Chair, and Adam Hines will join the board as a director. Jeffrey C. Hines will resign as director, Chair and CEO.
Who will control HGIT Advisors LP after the transition?
Effective January 1, 2027, Jeff Hines, Laura Hines-Pierce and Adam Hines will share control of HGIT Advisors LP, an affiliate of Hines. Laura and Adam are siblings, and Jeff is their father.
What authority will Hines’ new External Advisory Board have?
Hines will establish an independent External Advisory Board to provide outside perspectives and counsel. The board will have no governance authority, and the Investment Committee’s authority will remain unchanged.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
| Date of Report (Date of Earliest Event Reported): | |||||
__________________________________
(Exact name of registrant as specified in its charter)
Commission file number: 000-55599
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act: None.
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging Growth Company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 2, 2026, Hines Interests Limited Partnership (“Hines”), the global real assets investment manager and sponsor of Hines Global Income Trust, Inc. (referred to herein as the “Company,” “we,” “our,” or “us”), announced the next step in its planned leadership transition as the firm builds on momentum across its global real assets platform. In connection with this leadership transition, on September 29, 2026, Jeffrey C. Hines notified the board of directors (the “Board”) of the Company of his decision to resign from his positions as director, Chair of the Board and Chief Executive Officer, effective January 1, 2027. Effective January 1, 2027, Jeff Hines will become Chairman of Hines.
On September 29, 2026, in connection with Jeff Hines’ resignation from his roles at the Company, the Board appointed Laura Hines-Pierce, a current member of the Board, to serve as the Chair of the Board and as the Company’s Chief Executive Officer, effective January 1, 2027. In addition, on September 29, 2026, the Board appointed Adam Hines to serve as a director of the Company, effective January 1, 2027. In connection with this leadership transition, effective January 1, 2027, Adam Hines will join Laura Hines-Pierce as Co-Chief Executive Officer of Hines, a role Laura has held for over five years.
Additional information about Laura Hines-Pierce and Adam Hines
Laura Hines-Pierce, age 42, is the firm’s Co-Chief Executive Officer. She works side by side with Chairman and Co-Chief Executive Officer Jeff Hines to help shape the firm’s overall strategy and manage key risks. She is a member of the firm’s Management, Executive, and Investment Committees.
Laura joined Hines in 2012 and served as Project Manager for River Point, a 1.1 million-square-foot, 52-story office tower and 1.5-acre park located in Chicago’s West Loop submarket. She also helped with the restructuring and growth of the firm’s investment management business. Prior to joining the firm, she worked for Sotheby’s in New York.
She has spearheaded key strategic initiatives to position the firm for the future, including aligning its structure with strategic goals, expanding institutional and private wealth vehicles, and prioritizing innovation, sustainability, and inclusion throughout the organization. Her leadership has been recognized industry-wide, with accolades such as being named one of PERE’s “Women of Influence” in 2022 and inclusion in Commercial Observer’s “Power 100.” Under her guidance as Co-CEO, Hines has achieved a total deal volume of $49.4 billion and raised $19.9 billion across global funds (as of June 30, 2026).
Laura is an active member of the Baker Institute Board of Advisors and the Advisory Board of The Centers for Leadership Excellence (The CLE) Foundation. The CLE is a program seeking to empower racially and ethnically diverse students to earn undergraduate degrees and secure promising careers in real estate and related sectors.
She earned a Bachelor of Arts in Economics and Art History from Duke University and a Master of Business Administration from Harvard University.
Adam Hines, age 38, currently serves as Chief of Staff in the Office of the Chief Executive Officer and as Senior Managing Director at Hines. In this role, he works closely with Co-CEOs Jeff Hines and Laura Hines-Pierce on strategic priorities and has helped shape the firm’s direction through a broad, cross-enterprise role. He is a member of Hines’ Management, Executive and Investment Committees.
Adam Hines joined Hines in 2017, focusing on residential acquisitions, and has since in a variety of roles, including Managing Director and Investment Management Growth Officer. Across the firm, he has helped build businesses and products in living, expand Hines’ presence in Europe and advance capital formation. He was instrumental in creating Hines Private Wealth Solutions and helped build and scale the business, which has doubled in size. He has also strengthened Hines’ relationships with family offices and high-net-worth investors.
Before joining Hines, Adam Hines worked for Dexus Property Group in Sydney, Australia in research, finance, asset management and funds management.
Adam Hines serves on the Board of the Nature Conservancy – Texas Chapter. He earned a Bachelor of Arts in Economics from Williams College, an M.B.A. from Northwestern University’s Kellogg School of Management and a Master of Science in Design Innovation from Northwestern University’s Segal Design Institute at the McCormick School of Engineering and Applied Science.
Laura Hines-Pierce and Adam Hines are siblings, and Jeff Hines is their father. Both Laura Hines-Pierce and Adam Hines are employees at Hines. Hines, HGIT Advisors LP (the “Advisor”) and their affiliates are parties to various agreements with the Company for which they receive compensation. Please see “Certain Relationships and Related Transactions” in the Company’s
definitive proxy statement filed with the Securities and Exchange Commission on July 2, 2026 (the “Proxy Statement”), for a description of these agreements. The Advisor is an affiliate of Hines and is wholly owned, indirectly, by, or for the benefit of, Jeff Hines, who shares control of our Advisor with Laura Hines-Pierce. Effective January 1, 2027, Jeff Hines, Laura Hines-Pierce and Adam Hines will share control of the Advisor. Except for the agreements described in the Proxy Statement and the indemnification agreement described below, there are no current or proposed transactions between the Company and Laura Hines-Pierce, Adam Hines or any member of their respective immediate families that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K.
The Company will enter into an indemnification agreement with Adam Hines in connection with his appointment to the Board, in substantially the same form that was previously entered into between the Company and its other directors and executive officers. The indemnification agreement requires, among other things, that, subject to certain limitations, the Company will indemnify Adam Hines and advance all related expenses, subject to reimbursement if it is subsequently determined that indemnification is not permitted. The preceding summary of the Company’s form of indemnification agreement for executive officers and directors does not purport to be complete and is qualified in its entirety by reference to the form of indemnification agreement that is incorporated herein by reference as Exhibit 10.1 to this Current Report on Form 8-K. The Company previously entered into an indemnification agreement with Laura Hines-Pierce in connection with her prior appointment to the Board. As employees of Hines, Adam Hines will receive no compensation from the Company for serving on the Board, and Laura Hines-Pierce will receive no compensation from the Company for serving on the Board, as Chair of the Board and as Chief Executive Officer.
Item 7.01 Regulation FD Disclosure
On October 2, 2026, Hines issued a press release to announce the next step in its planned leadership transition, as described elsewhere in this Current Report on Form 8-K. A copy of such press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 7.01 of this Current Report on Form 8-K, including the press release attached as Exhibit 99.1 hereto, is furnished pursuant to Item 7.01 and shall not be deemed “filed” for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of Section 18. The information in this Item 7.01 of this Current Report on Form 8-K, including the exhibit furnished herewith, shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in any such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
| Exhibit No. | Description | ||||
| 10.1 | Form of Indemnification Agreement for Executive Officers and Directors of Hines Global Income Trust, Inc. Incorporated by reference to Exhibit 10.4 to the Company’s Registration Statement on Form S-11 (File No. 333-191106) filed with the SEC on August 15, 2014 | ||||
| 99.1 | Press Release of Hines, dated October 2, 2026 | ||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||
CAUTIONARY LANGUAGE CONCERNING FORWARD-LOOKING STATEMENTS
Certain information contained in this Current Report on Form 8-K and the press release furnished herewith constitutes “forward-looking statements” within the meaning of the federal securities laws and the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by the use of forward-looking terminology such as “believes,” “expects,” “potential,” “continues,” “identified,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” or other similar words or the negatives thereof. These may include statements about plans, objectives, intentions, and expectations with respect to future operations, future management, and future performance. Such statements are based on current expectations and assumptions with respect to, among other things, future economic, competitive and market conditions and future business decisions that may prove to be incorrect or inaccurate. Such forward-looking statements are inherently uncertain and there are or may be important factors that could cause actual outcomes or results to differ materially from those indicated in such statements. We believe these factors include but are not limited to those described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, as updated by its subsequent filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on any forward-looking statements. Except as otherwise required by federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Hines Global Income Trust, Inc. | |||||||||||||||||
| October 2, 2026 | By: | /s/ A. Gordon Findlay | |||||||||||||||
Name: A. Gordon Findlay | |||||||||||||||||
Title: Chief Accounting Officer, Treasurer and Secretary | |||||||||||||||||
Exhibit 99.1
For Immediate Release
October 2, 2026
News Release
For Further Information, Contact:
Hines Press Office
pressoffice@hines.com
Hines Announces Next Generation Leadership to Build on Global Real Assets Momentum
Adam Hines to join Laura Hines-Pierce as Co-CEO; David Steinbach named President; Alfonso Munk named Global CIO
(HOUSTON) - Hines, the global real assets investment manager, today announced the next step in its planned leadership transition as the firm builds on momentum across its global real assets platform. Effective January 1, 2027, Adam Hines will join Laura Hines-Pierce as Co-Chief Executive Officer, a role Laura has held for over five years. David Steinbach will become the firm’s first President; Alfonso Munk will become Global Chief Investment Officer (CIO); and Jeff Hines will become Chairman. Laura will also replace Jeff as the CEO and Chair of the Board of Hines Global Income Trust (“HGIT”), and Adam will join its Board as a Director.
As Co-CEOs, Laura and Adam will lead the firm together, set its strategic direction and priorities, and make major firmwide decisions. Their leadership will build on the strategy and global real assets platform they have helped build over the past five-plus years.
David will partner closely with the Co-CEOs and lead execution of the strategy across the business. Succeeding
David as Global CIO, Alfonso will be accountable for investment strategy and performance across Hines’ real assets platform. The Global CIO, Global Head of Real Estate, CFO and functional leaders will report to David.
The appointments build on the strong momentum Hines has generated since adopting its real assets strategy. Under Laura and Adam’s leadership, the discretionary business has grown at approximately 20% CAGR, with that growth dating to 2018. In addition, Adam’s vision helped build and scale Hines’ Private Wealth business, which has doubled in size. The leadership transition positions Hines for its next stage of growth as structural shifts in demographics, technology, infrastructure and capital reshape the built world. Hines is connecting its local operating expertise, investment capabilities and global intelligence at a greater scale while preserving the ownership mindset and operator’s edge that have defined the firm for nearly 70 years. By sharing intelligence more effectively across markets and strategies, Hines aims to strengthen execution, expand opportunity and create more value across the platform.
As Chairman, Jeff will step back from day-to-day management and focus primarily on advising the Co-CEOs. Hines will also establish an independent External Advisory Board to provide them with outside perspectives and counsel. The advisory board will have no governance authority, and the Investment Committee’s authority will remain unchanged.
"Hines has always been at its best when we look beyond the current cycle and build for what comes next," said Jeff Hines. "Laura has already been leading Hines as Co-CEO for over five years, and Adam has helped shape important parts of our growth across Europe, private wealth and capital formation. Their leadership is already visible in the firm and platform we have built. This is the right moment for me to step back from day-to-day management and for Laura and Adam to lead Hines forward, supported by David, Alfonso and the depth of talent across the firm."
"We see an extraordinary opportunity for Hines," said Laura Hines-Pierce and Adam Hines. "The platform is already operating at scale, and the strategy we have been building is working. Capital, infrastructure and human activity are converging in new ways across the built world, expanding the opportunity set beyond traditional definitions of real estate. Our ambition is to apply nearly 70 years of local knowledge, operating experience and investment discipline to that broader opportunity and connect those strengths across one global platform. We will preserve the ownership mindset, relationships and operator's edge that make Hines distinctive while building on that momentum for the future."
"Scale creates advantage only when it improves execution," said David Steinbach. "Our opportunity is to connect what our teams know across markets, strategies and functions so local insight becomes shared intelligence and firmwide capabilities create more opportunity on the ground. That is how we protect Hines' operator's edge and strengthen the platform for investors, clients and partners."
About Hines
Hines is a leading global real assets platform, built on nearly 70 years of developer's instinct and investor's discipline. Founded in 1957, we compound value through an operator's edge – a ground-level understanding of what makes assets perform – across residential, logistics, office, data centers and infrastructure. Our 4,600 employees in 29 countries manage approximately $91 billion of assets¹ on behalf of institutional and private wealth clients, drawing on decades of proprietary knowledge to find and create value. Private ownership keeps our interests aligned with those of our clients and investors over the long term. To learn more, visit www.hines.com and follow @Hines on social media.
¹Includes both the global Hines organization and RIA AUM as of June 30, 2026.